accy201 at Ole Miss
Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!

Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!

A couple of bits of info about the site:

  • I've recorded 84 videos, which means you get 845 minutes of accounting (lucky you)
  • There are 70 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Accy 201.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Introduction to Accounting

  1. The Accounting Equation

    3:02
  2. Assets vs Liabilities

    5:32
  3. Shareholder's Equity

    5:26
  4. The Balance Sheet

    5:52
  5. The Statement of Retained Earnings

    5:51
  6. The Income Statement

    6:19
  7. The Statement of Cash Flows

    6:02
  8. How the Statements Work Together

    9:02
  9. You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 2
    Recording Transactions

  10. Current Assets

    9:57
  11. Non-Current Assets

    10:25
  12. Current Liabilities

    6:24
  13. Non-Current Liabilites

    2:00
  14. Contributed Capital

    5:10
  15. The Classified Balance Sheet

    4:48
  16. Retained Earnings vs Shareholder's Equity

    6:41
  17. T-Accounts

    3:15
  18. Debits and Credits

    6:49
  19. Determining Normal Balances For Assets & Liabilities

    10:04
  20. Determining Normal Balance for Shareholder's Equity

    11:53
  21. Normal Balance Shortcut: Double Entry

    11:51
  22. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  23. The Journal, Ledger, Trial Balance

    14:00
  24. This website helped me pass the class, which is a miracle. The videos were easier for me to understand than the textbook, my tutor, and my professor.
    — Claire, Fall 2016

    Chapter 3
    Adjusting Accounts

  25. Cash vs. Accrual Accounting

    7:21
  26. Expense Recognition

    8:07
  27. Accruals and Deferrals

    15:07
  28. What is an Adjusting Entry?

    4:11
  29. Adjusting Entry: Supplies

    1:54
  30. Adjusting Entry: Wages

    4:52
  31. Adjusting Entry: Unearned Revenue

    2:11
  32. Adjusting Entry: Interest

    2:03
  33. Contra-accounts

    4:40
  34. Depreciation

    7:10
  35. The Closing Process

    10:37
  36. It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
    — Caitlin, Spring 2016

    Chapter 4
    Merchandising Firms

  37. COGS and Inventory

    2:57
  38. Net Sales

    10:03
  39. Perpetual vs Periodic

    7:10
  40. Drawbacks to Periodic

    6:07
  41. FOB Shipping?

    8:51
  42. Transportation In

    8:41
  43. COGS

    6:18
  44. The Multistep Income Statement

    12:44
  45. Gross Profit vs Net Profit

    6:15
  46. Profit Margin

    3:22
  47. Your site was a great crash course for procrastinators like me, and watching your videos at 2x speed along with my lectures was enough to do well on the exam.
    — Nathan, Fall 2019

    Chapter 5
    Inventories

  48. Specific Identification

    2:17
  49. Weighted Average

    4:21
  50. FIFO and LIFO

    20:17
  51. Estimating with Gross Profit

    7:23
  52. Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    Chapter 6
    Cash and Bank Reconciliations

  53. Cash and Cash Equivalents

    7:52
  54. Bank Reconciliations: What and Why

    9:38
  55. Bank Reconciliations: How

    20:57
  56. Debit and Credit Memos

    5:21
  57. Fixing Mistakes in Bank Recs

    8:32
  58. Just wanted to say thank you for creating this tutoring page. It is extremely useful and it has helped me so much. You are amazing.
    — Nicold, Fall 2019

    Chapter 7
    Accounts Receivable and Bad Debts

  59. A/R and Bad Debts Introduction

    7:09
  60. Direct Method

    4:15
  61. The Allowance Method

    8:56
  62. Income Statement vs Balance Sheet Methods

    13:14
  63. Net Credit Sales

    5:20
  64. Write Offs and Reinstatements

    8:26
  65. Notes Receivable

    11:27
  66. This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
    — Valeria, Fall 2019

    Chapter 8
    Long Term Assets

  67. Acquisition Cost of Assets

    13:23
  68. Lump Sum Purchases

    6:01
  69. What is Depreciation?

    11:23
  70. Straight Line Depreciation

    4:33
  71. Double Declining Balance

    13:58
  72. Units of Production

    3:43
  73. Partial Year Depreciation

    5:50
  74. Capital vs. Revenue Expenditures

    10:42
  75. Absolutely love your site. I found it super useful as a review during test weeks, and I can confidently say it helped me achieve an A in the course.
    — Jared H., Fall 2019

    Chapter 9
    Current Liabilities

  76. Interest Bearing Notes

    8:26
  77. Contingencies

    5:58
  78. As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.
    — Jeronimo, Summer 2018

    Chapter 10
    Long Term Liabilities

  79. Intro to Bonds

    10:04
  80. Discounts and Premiums

    7:34
  81. Selling at a Discount

    7:15
  82. Selling for a Premium

    8:11
  83. Amortization

    21:42
  84. Borrowing Cost

    6:33
  85. Interacting with Market Rates

    5:30
  86. Retiring Bonds

    9:54
  87. Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 11
    Capital Stock

  88. Shareholder's Equity

    5:12
  89. Stock Classifications

    4:19
  90. Issuance of Stock

    6:37
  91. Treasury Stock

    11:11
  92. Cash Dividends

    9:58
  93. The Effect of Cash Dividends

    6:08
  94. Stock Dividends

    13:48
  95. I’ll be happy to spread the word about your site. There’s no way I could have any clue what is going on in this class without it.
    — Brandon, Spring 2019